Daley to Lead JPMorgan Chase's Corporate Social Responsibility Efforts

NEW YORK--(BUSINESS WIRE)--June 28, 2007--JPMorgan Chase today named William M. Daley to head its new Office of Corporate Social Responsibility, effective immediately. Daley also joins the firm's Operating Committee, the company's senior leadership team. As head of Corporate Social Responsibility, Daley will oversee and coordinate JPMorgan Chase's global strategy and efforts in government affairs, public policy, charitable giving, and environmental and community affairs.

"Good corporate citizenship is fundamental to JPMorgan Chase's success. In creating an Office of Corporate Social Responsibility led by one of our most senior executives, we are reinforcing our commitment to developing and executing a comprehensive and coordinated CSR strategy around the world," said Jamie Dimon, Chairman and CEO of the company. "Bill Daley is a highly respected leader in business, government and philanthropy - bringing world-class experience, knowledge and relationships to this critical new role. He will add important new firepower to efforts to maximize our potential and to make a real difference as leaders in business."

Daley said, "As a leader in global financial services, JPMorgan Chase is committed to serving our communities, protecting our environment, and working with government and other leaders in support of sound, thoughtful public policy. But we can do more, and I look forward to leading this effort to take our firm to the next level in developing and executing a comprehensive and coordinated Social Responsibility strategy and set of initiatives."

Executives responsible for JPMorgan Chase's public policy, government relations, environmental affairs and charitable giving functions now report to Daley, who retains his current roles as Chairman of the JPMorgan Chase Foundation and Chairman of the U.S. Midwest Region.

Daley joined JPMorgan Chase in 2004 after serving as President of SBC Communications for three years. In 2000, he chaired Vice President Al Gore's presidential campaign, and from 1997 to 2000 he served as U.S. Secretary of Commerce under President Clinton. As special counsel to President Clinton in 1993, Daley coordinated the successful
campaign to pass the North American Free Trade Agreement.

JPMorgan Chase is a leading global financial services firm with assets of $1.4 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. JPMorgan Chase is committed to investing in economic opportunity, development and environmental programs that enable people and communities to live, learn and thrive. Information about the firm is available at
www.jpmorganchase.com.